Victory Giant Technology: net profit in the first quarter is expected to increase by 272.12%-367.54%.

Shanghai Securities News China Securities Network News (Reporter Luo Min) Shenghong Technology disclosed the first quarter performance forecast. The company expects to achieve a net profit attributable to shareholders of listed companies of 780 million yuan to 980 million yuan in the first quarter of 2025, an increase of 272.12%-367.54% over the same period last year.

Regarding the reasons for the change in performance, the company said that the company firmly "embraces AI and runs towards the future", accurately grasps the historical new opportunities brought by the wave of AI computing technology innovation and data center upgrading, occupies the commanding heights of global PCB manufacturing technology, and drives the company's order scale for high-value products to rise rapidly and further enhance profitability by virtue of R&D technology advantages, manufacturing technology advantages and quality technology advantages.

Azure Lithium Core: Net profit in 2024 increased by 246.43% year-on-year

Shanghai Securities News China Securities Network News (Reporter Luo Min) Blue Lithium Core Disclosure Annual Report. In 2024, the company will achieve operating income of 6.756 billion yuan, a year-on-year increase of 29.38%; the net profit attributable to shareholders of the listed company was 488 million yuan, a year-on-year increase of 246.43%; Basic earnings per share was 0.4235 yuan/share. The company's profit distribution plan for 2024 is: a cash dividend of 0.65 yuan (tax included) will be distributed to all shareholders for every 10 shares.

China Nuclear Titanium Dioxide: Net profit in 2024 increased by 34.84% year-on-year

Shanghai Securities News China Securities Network News (Reporter Luo Min) China Nuclear Titanium Dioxide Disclosure Annual Report. In 2024, the company will achieve operating income of 6.875 billion yuan, a year-on-year increase of 38.98%; the net profit attributable to shareholders of the listed company was 565 million yuan, a year-on-year increase of 34.84%; Basic earnings per share was 0.154 yuan/share. The company's profit distribution plan for 2024 is: to distribute a cash dividend of 0.16 yuan (tax included) to all shareholders for every 10 shares.

Xiamen Port: Planning to purchase a controlling stake in Xiamen Container Terminal Group will be suspended from the 11th

Shanghai Securities News China Securities Network News (Reporter Luo Min) Xiamen Port announced that the company intends to issue shares to Xiamen International Port Co., Ltd. and pay cash to purchase its controlling stake in Xiamen Container Terminal Group Co., Ltd., and at the same time issue shares to no more than 35 qualified specific objects to raise matching funds. This transaction is expected to constitute a related party transaction, which is expected to constitute a major asset restructuring and does not constitute a restructuring and listing. Because the transaction is still in the planning stage, there is still uncertainty about the relevant matters, in order to ensure fair information disclosure, the company's shares are planned to be suspended from the opening of the market on March 11, 2025, and the company is expected to disclose the transaction plan within no more than 10 trading days.

New Aluminum Times: Planning to purchase the equity of Honglian Electronics and raising matching funds, the stock was suspended

Shanghai Securities News China Securities Network News (Reporter Luo Min) New Aluminum Times announced that the company is planning to issue shares and pay cash to purchase assets and raise matching funds. The target company of this transaction is Dongguan Honglian Electronics Co., Ltd. (hereinafter referred to as "Honglian Electronics"), the company intends to purchase the equity of Honglian Electronics by issuing shares and paying cash, and simultaneously raise matching funds. This transaction will not lead to a change in the actual controller of the company. Trading in the Company's shares will be suspended from the market open on March 10, 2025.

Fulin Seiko: Signed a strategic cooperation agreement with CATL

Shanghai Securities News China Securities Network News (Reporter Luo Min) Fulin Seiko announced that the company and its holding subsidiary Jiangxi Shenghua New Materials Co., Ltd. (hereinafter referred to as "Jiangxi Shenghua") and CATL New Energy Technology Co., Ltd. (hereinafter referred to as "CATL") signed a "strategic cooperation agreement", and all parties will carry out long-term sustainable in-depth cooperation in lithium iron phosphate material product research and development, capacity investment, international expansion, supply chain and capital. We will further expand our strategic partnerships by increasing opportunities for cooperation in innovative areas such as automobiles and intelligent robots.

At the same time, the company announced that Jiangxi Shenghua plans to introduce strategic investor CATL by increasing capital and shares. CATL intends to subscribe for the new registered capital of Jiangxi Shenghua of RMB 338.98 million for RMB 400 million, and acquire 18.7387% of the equity of Jiangxi Shenghua on a fully diluted basis after the completion of the transaction. The existing shareholders of Jiangxi Shenghua waived their pre-emptive rights for the capital increase. After the completion of this capital increase, the registered capital of Jiangxi Shenghua will increase from 147,000 yuan to 180,898 million yuan, and the company's equity ratio in Jiangxi Shenghua will be reduced from 97.9211% to 79.5719%.

NAURA plans to transfer 9.49% of the shares of Xinyuan Micro for 1.687 billion yuan

Shanghai Securities News China Securities Network News (Reporter Luo Min) North Huachuang announced that the company intends to use cash as consideration to agree to acquire 9.49% of the shares of Xinyuan Micro (stock code: 688037) held by Shenyang Advanced Manufacturing Technology Industry Co., Ltd., a total of 19,064,915 shares, the transfer price is 88.48 yuan per share, and the transaction amount is 1,686,863,679.20 yuan. In addition, Shenyang Zhongke Tiansheng Automation Technology Co., Ltd. (hereinafter referred to as "Zhongke Tiansheng") holds 8.41% of the shares of Xinyuan Micro, with a total of 16,899,750 shares. Zhongke Tiansheng intends to transfer all the shares of Xinyuan Micro by agreement through public solicitation and transfer, and the company will actively continue to increase its holdings of Xinyuan Micro shares and obtain control over it by participating in public listing and bidding.

ST Jinyi: It plans to acquire 43.18% of the equity of CIC Weizhi and obtain control of it

Shanghai Securities News China Securities Network News (Reporter Luo Min) ST Jinyi announced that the company intends to acquire 17,435,454 shares of Beijing Kaike Technology Co., Ltd. (hereinafter referred to as "Kaike Weizhi") with its own funds (accounting for 43.18% of the total share capital of Kaike Weizhi), with a transaction consideration of 412,398,605.00 yuan. At the same time, the Company acquired the voting rights of 5,772,066 shares (accounting for 14.30% of the total share capital of CPT) by way of entrustment of voting rights. After the completion of the transaction, the Company will control the voting rights of 23,207,520 shares (accounting for 57.48% of the total voting rights of the shares of CPT.S.), and CPT-Vision will become a holding subsidiary of the Company and be included in the Company's consolidated financial statements.

CPT is a national high-tech enterprise focusing on the development and service of application system software in the financial industry, mainly providing software development and technical services, operation and maintenance and consulting services for financial institutions in the fields of wealth management and financial markets, payment and clearing, and intelligent digital customer service. The company said that through this merger and acquisition, the company can smoothly enter the field of "software and information technology service industry", and use the rich experience accumulated by CIT in the banking industry to actively expand to other financial institutions such as insurance, funds and their asset management subsidiaries, securities firms, as well as a wider range of other key industries and business scenarios such as smart cities, and continue to make continuous efforts in the field of software information through epitaxial mergers and acquisitions, so as to realize the strategic transformation from the gold and jewelry industry to the field of software information.

Aimeike: Plans to acquire a controlling stake in REGEN Biotech, Inc. in South Korea

Shanghai Securities News China Securities Network News (Reporter Luo Min) Aimeike announced that the company's wholly-owned subsidiary, Aimeike Hong Kong, and Shourui Hong Kong jointly funded the establishment of Aimeike International. Aimeike International is a subsidiary within the scope of the company's consolidated statements. Aimeike International intends to acquire 85% of the shares of South Korea's REGEN Biotech, Inc. held by Mount Beacon, IRC and Mr. Choi for $190 million in cash. Among them, Aimeike Hong Kong invested US$133 million, and Shourui Hong Kong invested US$57 million.

The company said that the core products of the target company of this transaction are renewable injection products, and the global market growth rate of such products is relatively fast, and there are relatively few competing products. The target company's core products have been approved for registration in 34 countries and regions, and an extensive distribution system has been established, which has a certain first-mover advantage. This transaction is a key step for the company to start its internationalization strategy, which will help the company further consolidate its leading position in the medical aesthetic injection and filling products market, and inject impetus into the company's continuous growth in future performance.

New Continent A: It is planned to raise no more than 400 million yuan from the largest shareholder

Shanghai Securities News China Securities Network News (Reporter Luo Min) New Continent A disclosed the plan to issue shares to specific targets. The target of this issuance is Dalian Hesheng Holding Group Co., Ltd. (hereinafter referred to as "Hesheng Group"), which is the largest shareholder of the company and an enterprise controlled by Wang Wenfeng, the actual controller of the company. The offering price is 3.04 yuan per share, and the total amount of funds raised does not exceed 40,000.00 yuan (including issuance costs), and the net funds raised after deducting the issuance costs are intended to be used to repay bank loans and supplement liquidity.

Tianrun Industry: It plans to spend 25 million to 50 million yuan to repurchase shares

Shanghai Securities News China Securities Network News (Reporter Luo Min) Tianrun Industry announced that the company intends to use its own funds and special loan funds for stock repurchase to repurchase part of the company's shares in a centralized bidding transaction, which will be used to implement an equity incentive plan or employee stock ownership plan. The total amount of funds for this repurchase shall not be less than 25 million yuan and not more than 50 million yuan, and the repurchase price shall not exceed 9.82 yuan per share. The Company has obtained the Letter of Loan Commitment issued by the Qingdao Branch of Ping An Bank Co., Ltd., and the Qingdao Branch of Ping An Bank Co., Ltd. has promised to provide the Company with a special loan of RMB 30 million for share repurchase with a loan term of 2 years.

Dangsheng Technology: Signed a long-term supply agreement with LGES for lithium battery cathode materials

Shanghai Securities News China Securities Network News (Reporter Luo Min) Dangsheng Technology announced that recently, the company and its subsidiaries Jiangsu Dangsheng Material Technology Co., Ltd., Dangsheng Technology (Changzhou) New Materials Co., Ltd., Dangsheng Technology (Finland) New Materials Co., Ltd. and LG Energy Solution, Ltd. (hereinafter referred to as "LGES") signed the "LONG TERM SUPPLY AGREEMENT" in Seoul, South Korea. According to the agreement, LGES expects to purchase 110,000 tons of high-nickel and medium-nickel cathode materials from Dangsheng Technology from 2025 to 2027.

LGES is a battery business subsidiary of South Korea's LG Group, which is committed to providing high-performance battery products to the global market. The company said that through this cooperation, it will help the company further integrate into the global high-end electric vehicle industry chain, enhance its global influence and core competitiveness in the lithium battery cathode material market, and accelerate the improvement of the global industrial layout. Based on the current market price, the total amount of the agreement is expected to be RMB 14 billion.

Huaan Xinchuang: Won the project designation of a subsidiary of Great Wall Motor

Shanghai Securities News China Securities Network News (Reporter Luo Min) Huaan Xinchuang announced that the company recently received a project designation notice from Noble Automotive Technology Co., Ltd., an indirect wholly-owned subsidiary of Great Wall Motor Co., Ltd., confirming that the company has obtained the development and supply qualification of its platform project display assembly products.

Changlian Technology: It is planned to invest in the construction of new silicon-based materials and intelligent jet printing equipment manufacturing and construction projects

Shanghai Securities News China Securities Network News (Reporter Luo Min) Changlian Technology announced that the company intends to sign the "Dongguan Changlian New Material Technology Co., Ltd. Project Performance Supervision Agreement" with the People's Government of Liaobu Town, Dongguan City, Dongguan City, and intends to obtain about 19.9 acres of industrial development land in Liaobu Town, Dongguan City, Guangdong Province for investment and construction of new silicon-based materials and intelligent printing equipment manufacturing and construction projects. The project will establish a R&D base and production base, aiming to build an industrial base of "advanced materials + intelligent manufacturing equipment" integrating creativity, R&D, engineering and industrialization. The total investment of the project shall not be less than 350 million yuan, and the company will contribute capital in the form of self-owned or self-raised funds for the construction and operation of the project.

Luxi Chemical: 400,000 tons of organic silicon project was put into operation

Shanghai Securities News China Securities Network News (Reporter Luo Min) Luxi Chemical announced that the first phase of the 1 million tons/year organic silicon project invested and constructed by the company, the 400,000 tons/year organic silicon project has opened up all the production processes, and has been put into safe and smooth production recently, producing qualified products, and is currently further optimizing various process indicators, continuously improving the quality of operation, and ensuring that production and efficiency are achieved as soon as possible.

Tianyuan Co., Ltd.: The phosphate rock project of the subsidiary has the conditions for trial operation

Shanghai Securities News China Securities Network News (Reporter Luo Min) Tianyuan Co., Ltd. announced that recently, the company's subsidiary Mabian Infinity Mining Co., Ltd. 900,000 tons/year Dingjia phosphate mine (phase II) mining project (hereinafter referred to as "phosphate project") passed the on-site inspection of the expert group of the Mabian Yi Autonomous County Emergency Management Bureau, and believed that the project construction has been completed in accordance with the preliminary design of the project and the design of safety facilities, and has the conditions for trial operation.

Bluesail Medical: It is planned to issue corporate bonds of no more than 500 million yuan in a non-public manner

Shanghai Securities News China Securities Network News (Reporter Luo Min) Bluesail Medical announced that the company intends to issue no more than 500 million yuan of corporate bonds to professional investors, and the raised funds are intended to be used for the company's production and operation needs, repayment of interest-bearing debts, replenishment of working capital and/or project investment, equity investment and other business activities that meet the requirements of national laws, regulations and policies.

Runjian Co., Ltd.: Pre-won the bid of 2.288 billion yuan for the construction service project of China Mobile Mobile

Shanghai Securities News China Securities Network News (Reporter Luo Min) Runjian Co., Ltd. announced that recently, China Mobile Procurement and Bidding Network released the "China Mobile 2025 to 2026 Communication Engineering Construction Services (Transmission Pipeline) Centralized Procurement Project Winning Candidate Announcement", the company won bids in 22 provinces, and the total winning scale of the entire service cycle was 228,832.11 million yuan (tax included).

Huakang Medical: Won the bid of 79 million yuan for the hospital purification and radiation protection project

Shanghai Securities News China Securities Network News (Reporter Luo Min) Huakang Medical announced that the company received the "Notice of Winning the Bid" issued by the tenderer on March 7, 2025, confirming that the company is the winning supplier of the "Shanghai Sixth People's Hospital Fujian Hospital Jindong Branch (Fujian Hemin Hospital) Engineering Purification and Radiation Protection Project" project, with a winning bid amount of 79,000,000 yuan, accounting for 4.93% of the company's audited operating income in 2023.

BD Industrial: The subsidiary won the bid for the joint procurement project of rolling bearings for trucks

Shanghai Securities News China Securities Network News (Reporter Luo Min) Pagoda Industrial announced that the company's wholly-owned subsidiary, Northwest Bearing Co., Ltd. (hereinafter referred to as "Northwest Bearing"), recently received a notice of winning the bid from China Railway Materials Co., Ltd., confirming that Northwest Bearing won the bid for the A3 bid section of the fourth batch of truck rolling bearing joint procurement projects in 2024, with a winning bid of 20,760 sets and a winning bid amount of 28.9602 million yuan (tax included).

Xiantan shares: In February, the sales revenue of chicken products was 256 million yuan, a year-on-year increase of 73.81

Shanghai Securities News China Securities Network News (Reporter Luo Min) Xiantan Co., Ltd. announced that the company achieved sales revenue of 255.9697 million yuan of chicken products in February 2025, and the sales volume was 31,600 tons, with year-on-year changes of 73.81% and 99.17% respectively, and month-on-month changes of -27.32% and -17.99% respectively.

The company said that due to the Spring Festival holiday in February 2024, the number of production days in February 2025 increased compared with February 2024, resulting in a year-on-year increase in the sales volume of the company's chicken products, and a corresponding increase in sales revenue.

FAW Jiefang: The cumulative sales volume in the first two months was 48,000 units, a year-on-year increase of 9.64

Shanghai Securities News China Securities Network News (Reporter Luo Min) FAW Jiefang announced that the company sold 25,631 vehicles in February 2025; The cumulative sales volume for the year was 48,031 units, a year-on-year increase of 9.64%.

Xianglou New Materials: Director Zhang Yuping plans to increase his shareholding in the company by 7 million to 13 million yuan

Shanghai Securities News China Securities Network News (Reporter Luo Min) Xianglou New Materials announced that Zhang Yuping, director and deputy general manager of the company, plans to increase his holdings of the company's shares through the Shenzhen Stock Exchange trading system in accordance with the methods permitted by relevant laws and regulations (including but not limited to centralized bidding transactions and block trading) within 6 months from the date of the announcement (that is, from March 12, 2025 to September 11, 2025), with an increase of not less than 7 million yuan and no more than 13 million yuan.

Huada Technology: The company's issuance of shares to purchase assets and raise matching funds was approved for registration

Shanghai Securities News China Securities Network News (Reporter Pan Jianliang) Huada Technology announced in the evening that the company recently received the "Approval of Huada Automobile Technology Co., Ltd. to Issue Shares to Purchase Assets and Raise Supporting Funds for Registration" issued by the China Securities Regulatory Commission, agreeing that the company will issue 9,253,845 shares to Ju Xiaoping, 7,143,669 shares to He Liping, 3,074,534 shares to Wan Xiaomin, and 614,906 shares to Zheng Xinrong. registration application for the issuance of 409,937 shares to Zou Zhanwei to purchase the underlying assets; Approved the company's registration application for issuing shares to raise matching funds not exceeding 297 million yuan.

Opt: The upper limit of the price of repurchased shares is adjusted to 136 yuan per share

Shanghai Securities News China Securities Network News (Reporter Pan Jianliang) Optima announced in the evening that the company held the 22nd meeting of the third board of directors on March 10, 2025, and deliberated and passed the "Proposal on Adjusting the Upper Limit of the Price of Repurchased Shares", and agreed to adjust the price of the repurchased company's shares from no more than 96.00 yuan / share to no more than 136.00 yuan / share.

Zhongbei Communication: Pre-won the bid of 1.088 billion yuan for China Mobile's centralized procurement project

Shanghai Securities News China Securities Network News (Reporter Pan Jianliang) Zhongbei Communications announced in the evening that the company participated in the bidding for the "China Mobile 2025-2026 Communication Engineering Construction Services (Transmission Pipeline) Centralized Procurement Project". China Mobile Procurement and Bidding Network recently released a public announcement on the winning candidates for related projects, and the company is the winning candidate for 27 bids in 14 provinces (municipalities and autonomous regions), with a total bid amount of 1088,181,500 yuan.

Jinhui shares: net profit in 2024 will increase by 39.06% year-on-year, and it is planned to distribute 2.2 yuan in 10 distributions

Shanghai Securities News, China Securities Network News, Jinhui shares disclosure annual report. In 2024, the company will achieve operating income of 1.539 billion yuan, a year-on-year increase of 19.97%; net profit was 477 million yuan, a year-on-year increase of 39.06%; Basic earnings per share was 0.49 yuan. The company intends to distribute a cash dividend of 2.2 yuan to all shareholders for every 10 shares.

Dongmu shares: plans to purchase 20.75% of the shares of Shanghai Fuchi and resume trading on the 11th

Shanghai Securities News China Securities Network News Dongmu shares disclosed the purchase of assets and related party transaction plan, the company intends to purchase a total of 4 counterparties to a total of 4 counterparties to purchase 20.75% of the shares of Shanghai Fuchi High-tech Co., Ltd. (hereinafter referred to as "Shanghai Fuchi"). Shanghai Fuchi's main business is the design, development and manufacture of high-density, high-precision, complex-shaped powder metallurgy parts and components, as well as new composite materials, special ceramics and inorganic non-metallic new materials and products. After this transaction, the company is expected to hold 85% of the equity of the target company, and the company's main business scope will not change, which will further enhance the strategic position of the MIM business and give full play to the complementarity and synergy of powder metallurgy press forming technology and powder metallurgy injection molding technology. Trading in the Company's shares will resume from the market open on Tuesday, March 11, 2025.

PowerChina: The subsidiary jointly won the bid for a project of about 5.771 billion yuan

Shanghai Securities News China Securities Network News China Power Construction announced that the company's subsidiaries China Water Resources and Hydropower Fourth Engineering Bureau Co., Ltd., China Power Construction Group Chengdu Survey, Design and Research Institute Co., Ltd. and China Aneng Group First Engineering Bureau Co., Ltd. formed a consortium to win the bid for the general contracting project of the design and construction of the Mengdigou Hydropower Station Dam on the Yalong River, with a bid amount of about 5.771 billion yuan and a total construction period of about 11 years.

Guiyan Platinum Industry: It is planned to invest about 411 million yuan in the construction of Yunnan Precious Metals Green New Material Industrial Park plant and supporting facilities construction project (Phase I).

Shanghai Securities News China Securities Network News Guiyan Platinum Industry announced that Guiyan Chemical Green New Materials (Yunnan) Co., Ltd. (hereinafter referred to as "Guiyan Green New Company"), a wholly-owned subsidiary of the company, plans to invest in the construction of Yunnan Province Precious Metal Green New Material Industrial Park Plant and Supporting Facilities Construction Project (Phase I) in Luguo Area, Caopu Chemical Park, Anning Industrial Park, Kunming City, Yunnan Province, to build a precious metal chemical new material industrial base. The total investment of the project is about 411 million yuan, and the construction period of the project is 2 years.

Guanhao High-tech: In 2024, the net profit will turn around the loss year-on-year and plan to distribute 10 distributions of 0.6 yuan

Shanghai Securities News, China Securities Network News, Guanhao High-tech Disclosure Annual Report. In 2024, the company will achieve operating income of 7.588 billion yuan, a year-on-year increase of 2.5%; The net profit was 184 million yuan, a year-on-year turnaround, and the basic earnings per share was 0.1 yuan. The company intends to distribute a cash dividend of 0.6 yuan (tax included) to all shareholders for every 10 shares. During the reporting period, the price of pulp board, the company's main raw material, decreased year-on-year, production costs decreased, product gross profit increased, and at the same time, the profit increased significantly due to the investment income recognized by the disposal of subsidiaries, which contributed to the significant improvement of the above financial indicators.

Neusoft Group: plans to acquire 57% of the shares of Sirui Technology for 397 million yuan

Shanghai Securities News China Securities Network News Neusoft Group announced that the company intends to purchase a total of 57% of the shares of Sirui Technology held by Ruiying Talent and Tianjin Ruiyi by paying cash, with a total transaction consideration of 397 million yuan. After the completion of this transaction, the company will hold 57% of the equity of Sirui Technology, and Sirui Technology will become a holding subsidiary of the company. This transaction does not constitute a related party transaction and does not constitute a material asset restructuring. The transaction has been deliberated by the 17th and 18th meetings of the 10th session of the board of directors of the company, and needs to be submitted to the general meeting of shareholders for deliberation and approval and the review of the concentration of undertakings by the State Administration for Market Regulation.

Xinyuan Micro: North Huachuang intends to obtain control of the company, and the company's shares will resume trading on the 11th

Shanghai Securities News China Securities Network News Xinyuan Micro announced that Shenyang Advanced Manufacturing Technology Industry Co., Ltd., a shareholder of more than 5% of the company, intends to transfer its 19,064,915 shares of the company to North Huachuang Technology Group Co., Ltd., accounting for 9.49% of the company's total share capital. At the same time, Shenyang Zhongke Tiansheng Automation Technology Co., Ltd., another shareholder of more than 5% of the company, intends to transfer all the shares it holds by 16,899,750 shares by way of public solicitation and transfer, accounting for 8.41% of the company's total share capital. NAURA will continue to increase its stake in the company and gain control. The company's shares will resume trading from March 11, 2025.

Jingyuan Environmental Protection: Cloud computing-related business accounts for a relatively small proportion of the company's overall business structure

Shanghai Securities News China Securities Network News Jingyuan Environmental Protection Announcement said that recently, the company has paid attention to the media platform to associate the company with Lanyun Technology information, the company clarified the relevant matters as follows: the company's wholly-owned subsidiary Jingyuan Cloud Computing purchased computing power servers in addition to its own use, the idle part is all used to provide computing power cloud services to Lanyun Technology, and there is no remaining computing power. Jingyuan Cloud Computing will achieve an operating income of about 13.65 million yuan in 2024, accounting for 2.9% of the company's total operating income. The company's core business is still focused on the field of industrial water treatment, and cloud computing-related business accounts for a relatively small proportion of the company's overall business structure, which has no impact on the company's overall development.

Anhui Heli: It is planned to jointly invest about 320 million yuan with local enterprises in Thailand to establish Heli Thailand Company

According to the company's strategic plan, in order to accelerate the company's global strategic layout and gradually build an overseas production and supply system, the company decided to jointly invest with local Thai enterprises to establish Heli Industrial Vehicle (Thailand) Co., Ltd. (hereinafter referred to as "Heli Thailand"), with a registered capital of 426 million yuan (about 1.984 billion baht), which is planned to be invested in batches within 5 years. Among them, the company invested about 320 million yuan and held 75% of the equity of Heli Thailand; The local Thai company invested about 106.5 million yuan and held a 25% stake in Heli Thailand. The funds required for the investment of the project are raised by the company itself. Heli Thailand plans to produce 10,000 forklifts and 10,000 sets of lithium battery packs per year.